Ostin Technology Group Stock Today

OST Stock  USD 0.24  0.03  14.29%   

Performance

0 of 100

 
Weak
 
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Odds Of Distress

Less than 49

 
High
 
Low
About Average
Ostin Technology is selling for under 0.24 as of the 1st of December 2024; that is 14.29 percent increase since the beginning of the trading day. The stock's last reported lowest price was 0.2. Ostin Technology has 49 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Ostin Technology Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of November 2024 and ending today, the 1st of December 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
27th of April 2022
Category
Technology
Classification
Information Technology
Ostin Technology Group Co., Ltd. designs, develops, and manufactures thin-film transistor liquid crystal display modules and polarizers in China. Ostin Technology Group Co., Ltd. was founded in 2010 and is based in Nanjing, China with manufacturing facilities in China. The company has 18.11 M outstanding shares of which 27.43 K shares are now shorted by investors with about 0.06 days to cover. More on Ostin Technology Group

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Ostin Stock Highlights

Business ConcentrationElectronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, Information Technology, Electronic Equipment, Instruments & Components, Electronic Components, Technology (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover2.071.17
Way Up
Slightly volatile
Gross Profit Margin0.0390.0411
Notably Down
Pretty Stable
Net Debt21.6 M28.5 M
Way Down
Slightly volatile
Total Current Liabilities46.9 M46.6 M
Slightly Up
Slightly volatile
Non Current Liabilities Total1.6 M1.7 M
Notably Down
Slightly volatile
Total Assets63.7 M65 M
Fairly Down
Slightly volatile
Total Current Assets28.9 M22 M
Significantly Up
Slightly volatile
Ostin Technology can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ostin Technology's financial leverage. It provides some insight into what part of Ostin Technology's total assets is financed by creditors.
Liquidity
Ostin Technology Group has 25.68 M in debt with debt to equity (D/E) ratio of 1.98, which is OK given its current industry classification. Ostin Technology has a current ratio of 0.87, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Ostin to invest in growth at high rates of return.

Total Cashflows From Investing Activities

(6.5 Million)
Ostin Technology Group (OST) is traded on NASDAQ Exchange in USA. It is located in Building 2, 101/201, Nanjing, China, 210046 and employs 175 people. Ostin Technology is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a total capitalization of 4.29 M. Ostin Technology runs under Electronic Equipment, Instruments & Components sector within Information Technology industry. The entity has 18.11 M outstanding shares of which 27.43 K shares are now shorted by investors with about 0.06 days to cover. Ostin Technology Group has about 3.53 M in cash with (2.59 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Ostin Technology Probability Of Bankruptcy
Ownership Allocation
Ostin Technology owns a total of 18.11 Million outstanding shares. Ostin Technology has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Ostin Ownership Details

Ostin Stock Institutional Holders

InstituionRecorded OnShares
Citadel Advisors Llc2024-09-30
19.7 K
Xtx Topco Ltd2024-09-30
18.1 K
Two Sigma Securities, Llc2024-06-30
17.4 K
Renaissance Technologies Corp2024-09-30
14.9 K
Ubs Group Ag2024-06-30
10 K
Td Waterhouse Canada Inc2024-06-30
900
View Ostin Technology Diagnostics

Ostin Technology Historical Income Statement

At this time, Ostin Technology's Tax Provision is comparatively stable compared to the past year. Total Revenue is likely to gain to about 82.8 M in 2024, whereas Interest Expense is likely to drop slightly above 1.1 M in 2024. View More Fundamentals

Ostin Stock Against Markets

Ostin Technology Corporate Management

Xiaodong ZhaiChief OfficerProfile
Xiaohong YinCompany DirectorProfile
Qiaoyun XieChief OfficerProfile
Tao LingCEO DirectorsProfile

Additional Tools for Ostin Stock Analysis

When running Ostin Technology's price analysis, check to measure Ostin Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ostin Technology is operating at the current time. Most of Ostin Technology's value examination focuses on studying past and present price action to predict the probability of Ostin Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ostin Technology's price. Additionally, you may evaluate how the addition of Ostin Technology to your portfolios can decrease your overall portfolio volatility.